Mile High Dabs

Data Snapshot: Mar 05, 2024
Mile High Dabs Cannabis Brand Logo
$50K+

Feb-2024

Sales

Decline

Trend

6-Month

27

Product Count

SKUs

Mile High Dabs

Overview

Markets

Mile High Dabs Locations

Product Trends

Mile High Dabs Categories

Mile High Dabs Sales

Market Insights Snapshot

Mile High Dabs Historical Sales by Category

In the competitive cannabis market of Colorado, Mile High Dabs has shown a consistent presence in the concentrates category, albeit with a slight downward trend in their rankings from November 2023 to February 2024. Starting at rank 25 in November, the brand saw a gradual slip, moving down to rank 27 by February 2024. This movement suggests a need for strategic adjustments to either their marketing or product offerings to curb the declining trend. While they managed to stay within the top 30 brands, the drop from rank 25 to 27 could indicate increased competition or changing consumer preferences within the state's concentrates market. Notably, their sales in November 2023 were reported at $86,622, but there was a noticeable decline in sales over the subsequent months, culminating in February 2024's sales figures, which further reflects the challenges they are facing amidst a dynamic market landscape.

It's crucial to highlight that Mile High Dabs' ability to maintain a position within the top 30 brands for concentrates in Colorado across four consecutive months is commendable, given the highly competitive nature of the cannabis industry in the state. However, the consistent downward trend in both rankings and sales figures signals a potential area of concern for the brand. The absence from a higher rank within the top 20, for instance, in any of the months reviewed, suggests there is significant room for growth and improvement. To capitalize on the opportunities within the Colorado market, Mile High Dabs may need to explore innovative strategies to enhance their product visibility and appeal. The data indicates a clear call to action for the brand to reassess their market position and devise robust tactics to reverse the downward trajectory and possibly achieve a more favorable ranking and sales performance in the future.

Feb-2024 Rank
Concentrates
27
Mile High Dabs

Competitive Landscape

In the competitive landscape of the concentrates category in Colorado, Mile High Dabs has experienced a fluctuating position in terms of rank and sales among its competitors. Starting from November 2023 to February 2024, Mile High Dabs saw a slight decline in its ranking, moving from 25th to 27th place. This shift indicates a challenging environment, especially when compared to competitors like 14er Gardens and El Sol Labs, who have maintained or improved their positions in the same timeframe. Notably, 14er Gardens has consistently ranked higher than Mile High Dabs, showing a stronger performance in sales and market presence. Furthermore, Rare Dankness and Sunshine Extracts have shown significant improvements in their rankings, indicating a competitive threat to Mile High Dabs. The data suggests that Mile High Dabs needs to strategize effectively to enhance its market position and sales, as the competition in the Colorado concentrates market is intensifying.

Mile High Dabs market ranking for CO Concentrates

Mile High Dabs

Notable Products

In February 2024, Mile High Dabs saw Lavender Jones Sugar Wax (1g) leading the sales chart within the Concentrates category, marking its position as the top product with notable sales of 777 units. Following closely behind, Starfire Chem Sugar Wax (1g) and Apples & Bananas Wax (1g) secured the second and third ranks, respectively, showcasing a strong preference for wax concentrates among consumers. Baby Yoda Wax (1g), which was previously ranked second in January, dropped to the fourth position, indicating a shift in consumer preference. Durban Kush Wax (1g), which led the sales in December 2023, experienced a significant drop to the fifth rank by February 2024, highlighting the dynamic nature of product popularity in the cannabis market. These rankings reflect the evolving consumer tastes and the competitive landscape of cannabis products offered by Mile High Dabs.

Product Rank
Category
Nov-2023
Dec-2023
Jan-2024
Feb-2024
Lavender Jones Sugar Wax (1g)
Concentrates
>5
>5
1
1
Starfire Chem Sugar Wax (1g)
Concentrates
>5
>5
>5
2
Apples & Bananas Wax (1g)
Concentrates
>5
>5
>5
3
Baby Yoda Wax (1g)
Concentrates
>5
>5
2
4
Durban Kush Wax (1g)
Concentrates
>5
1
3
5
View product & sales data

Top Selling Cannabis Brands

Simple, transparent pricing that grows with you. Try any plan free for 30 days.
Research the top cannabis brands across markets in the US and Canada.
Header image
User rating
start Today
Connect to Headset

Get Cannabis Market Data